Property Description
632 NE 85th St + 8411 Biscayne Blvd. 3 Folios totaling 58,125 SF of land. 25 residential units & 1 retail space in
place, NOI $229,676 currently in place. Rents from $1,000 to $1,750/mo. with space to increase. Properties allow
118 buildable units with direct access to Biscayne Blvd., with a steady cash flow while the project is developed.
There’s the option to purchase a bigger portfolio in the same area from the same owner with up to 317 buildable
units.
Features
: Fenced
: City Location
: On Street, Common, Assisted
: Security Fence
: Public Sanitation
Address Map
FL
Miami-Dade County
Miami
33138
632 NE 85th St - Portfolio
0
W81° 48' 56.9''
N25° 51' 12.3''
Additional Information
2
: Building & Land, Leases
: 1 To 3 Year Lease
: Sale
2
: Free Standing
$32,124
: Public
4600
Commercial Sale For Sale
632 NE 85th St - Portfolio, Miami, Florida 33138
58,125 Acre
$8,770,000
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Price : $8,770,000
Year Built : 1940
Listing Terms : All Cash, Conventional/refinance
Lot Area : 58,125 Acre
Status : Active
Building Area : 18,405 Sqft
Property SubType : Income/multifamily
Agent info
- Patricia Calvet
-
contact@calvetrealty.com
